Lot 1 Bayberry Hill Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 16, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2024 | In contract | - | |
| In contract | |||
| Sep 16, 2024 | Listed by LAER Realty Partners | $120,000 | |
| Listed by LAER Realty Partners | |||
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This 2.42-acre raw land property offers the perfect canvas to build your dream home amidst a stunning wooded landscape. Nestled on a tranquil country road, the lot provides both privacy and serenity, making it an ideal retreat from the hustle and bustle. Conveniently located near conservation land, it offers ample opportunities for outdoor recreation and nature exploration. Set in a highly desirable neighborhood, this property is a fantastic chance to design and create the home you've always envisioned in a peaceful, natural setting. Being sold as is the perc test and septic design will be the buyers responsibility.
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| Mar 1, 2017 | Sold | ||
| Sold | |||
| Jan 31, 2017 | Listed by LAER Realty Partners | $274,900 | |
| Listed by LAER Realty Partners | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017